Rates & Charges

Transparent pricing for all our services.

Interest Rates (Updated 2026-04-17)

Savings & Lending

Savings Bank Interest Rate	0.10%
HKD Prime Lending Rate	6.00%
USD Prime Lending Rate	7.50%

Minimum Balance Requirements

Account Type	Individual (HKD)	Corporate (HKD)
Savings	5,000	-
Current	10,000	10,000

Fixed Deposit Interest Rates (Effective from 11/09/2026)

Below 100,000

Tenor	USD	HKD
1 M	3.60%	2.10%
2 M	3.65%	2.25%
3 M	4.10%	2.75%
6 M	4.15%	3.05%
12 M	4.55%	3.40%
18 M	—

100,000 and Above

Tenor	USD	HKD
1 M	3.70%	2.20%
2 M	3.75%	2.35%
3 M	4.20%	2.85%
6 M	4.25%	3.15%
12 M	4.65%	3.50%
18 M	—

Interest rates are indicative only. Rates may be confirmed with the Deposit department.

Service Charges

Service Charges - Overseas Centre (Hong Kong) W.E.F 16/06/2026

1. Account Opening Charges

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	Low: US$25 / Medium: US$50 / High: US$100	HKD 1,000
	Savings	NIL	NIL
Singapore	Current	Free	Free
	Savings	—	Free

2. Initial Balance / Balance to be Maintained

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	US$ 5,000	HKD 10,000
	Savings	US$ 1,000	HKD 5,000
Singapore	Current	Corp: US$1,000 / Ind: US$1,000	Corp: SGD 5,000 / Ind: SGD 2,000
	Savings	—	SGD 200

Note: Hong Kong: Minimum balance charges not applicable if aggregate balance inclusive of term deposits is above HK$50,000 equivalent.

3. Non-maintenance of Minimum Balance (Quarterly)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	US$ 100	HKD 500
	Savings	US$ 30	HKD 300
Singapore	Current	SGD 20	SGD 20
	Savings	—	SGD 5

4. Inoperative / Dormant Account Charges (Half-Yearly)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	US$ 100	HKD 800
	Savings	US$ 50	HKD 400
Singapore	Current	SGD 50	SGD 50
	Savings	—	SGD 50

5. Duplicate Statement Charges

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	US$ 20	HKD 100
	Savings	US$ 10	HKD 100
Singapore	Current	SGD 20	SGD 10
	Savings	—	SGD 10

6. Bank Confirmation Certificate

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current / Savings	US$ 70	HKD 500
Singapore	Current / Savings	US$ 100	USD 100 equiv

7. Change of Authorised Signatory

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	US$ 50	HKD 300
	Savings	US$ 10	HKD 100
Singapore	Current / Savings	—	—

8. Account Closure (Within 12 Months of Opening)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current	US$ 100	HKD 1,000
	Savings	US$ 25	HKD 250
Singapore	Current	US$ 50	—
	Savings	—	SGD 10

9. Reference Letter Charges from Bank

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current / Savings	US$ 50	HKD 300
Singapore	Current / Savings	SGD 100 equiv	SGD 100

10. Cheque Return Charges (per cheque / GIRO)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current / Savings	US$ 50	HKD 300
Singapore	Current	SGD 50	SGD 50
	Savings	—	SGD 50

11. Stop Payment of Each Cheque

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Current / Savings	US$ 50	HKD 300
Singapore	Current	SGD 35	SGD 35
	Savings	—	SGD 35

12. Demand Draft / Manager's Cheque Issuance

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Up to 20,000	US$ 20	HKD 150
	20,001 to 50,000	US$ 50	HKD 300
	Above 50,000	US$ 50	HKD 400
Singapore	All amounts	US$ 5	SGD 5

13. Telegraphic Transfer (Outward Remittance)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Up to HKD 100,000	HKD 240	—
	Up to EUR 250,000	EUR 30	—
	Above EUR 250,000	EUR 60	—
	Up to GBP 250,000	GBP 30	—
	Above GBP 250,000	GBP 60	—
	Up to US$ 250,000	US$ 30	—
	US$ 250,001 to US$ 1,000,000	US$ 60	—
	Above US$ 1,000,000	US$ 100	—
Singapore	US$	Comm 1/8%, min USD 20, max USD 150; +USD 35 if OUR	—
	SGD	Comm 1/8%, min SGD 20, max SGD 150	—
	INR	UCO Bank: SGD 5 / Other Bank: SGD 10	—

14. Telegraphic Transfer (Inward Remittance)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Up to HKD 100,000	US$ 20 equivalent	—
Singapore	All currencies	Free	Free

15. Locker Rent

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Not applicable	N/A	N/A
Singapore	Opening of Locker	—	—
	Advance Deposit (2 years upfront)	—	SGD 3,000
	Type A (4x8 inch) per year	—	SGD 100
	Type B (8x8 inch) per year	—	SGD 150
	Type C (8x16 inch) per year	—	SGD 200
	Type D (16x16 inch) per year	—	SGD 300

1a. Import LC Issuance Commission (Sight / Usance)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$ / HKD	1/16% per month (min US$30) or part thereof, Min 2 Months, not less than US$60 for amount upto USD 1 Mio; Beyond USD 1 Mio: 1/32% min USD 60	Same
Singapore	All currencies	1/16% per month (min US$30) or part thereof, Min 2 Months, not less than US$60 for amount upto USD 1 Mio; Beyond USD 1 Mio: 1/32% min USD 60	Same

1b. Import LC Amendment Commission

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$ / HKD	Extension/Validity: same as issuance. Amount up to 25% of LC: same charges	Same
Singapore	All currencies	Same as above	Same

1c. SWIFT Charges for Import LC Opening / Amendment

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$	Opening: US$100 / Amendment: US$50	—
	HKD	Opening: HKD 800 / Amendment: HKD 400	—
Singapore	All currencies	US$100 / US$150 (MT 701)	—

1d–e. Import Bills under Collection / Commission in Lieu

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$ / HKD	1/16% Flat, min US$30	—
Singapore	All currencies	1/16% Flat, min US$30	—

1f. Import Bill under LC — Commission, Acceptance, Discrepancy & TR Charges

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Commission (LCDP/LCDA-Usance)	1/16% per month (min US$30) or part thereof, Min 2 Months, not less than US$60 for amount upto USD 1 Mio; Beyond USD 1 Mio: 1/32% min USD 60	—
	Acceptance — DP Bill	Nil	—
	Acceptance — DA Bill (US$)	1/16% per month, min US$50	—
	Acceptance — DA Bill (HKD)	1/16% per month, min HKD 400	—
	Discrepancy (US$)	US$100	—
	Discrepancy (HKD)	HKD 800	—
	TR Loan Retirement (under LC)	1/16% per month (min US$30), not less than US$60 for upto USD 1 Mio; 1/32% above	—
	ATR / Invoice Financing / Freight Loan	1/16% Flat, min US$30	—
	Collection Doc to TR Loan / TR Loan under Collection	1/16% Flat, min US$30	—
Singapore	All variants	1/16% per month (min US$30) or part thereof, Min 2 Months, not less than US$60 for amount upto USD 1 Mio; Beyond USD 1 Mio: 1/32% min USD 60	—

2a–c. Export — Checking Fee, Collection & Realization Commission

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$ / HKD	1/16% Flat, min US$30	—
Singapore	All currencies	1/16% Flat, min US$30	—

2d. Advising of Inward LC

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$	Customers: US$50 / Non-customers: US$100	—
Singapore	All currencies	Customer: US$50 / Non-customer: US$100	—

2e. Amendment of Advised LC

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$ / HKD	Customer: US$50 / HKD 400 \| Non-customer: US$100 / HKD 800	—
Singapore	All currencies	Customer: US$50 / Non-customer: US$100	—

2f. LC Transfer

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	US$ / HKD	Customer: US$70 / HKD 500 \| Non-customer: US$100 / HKD 800	—
Singapore	All currencies	Customer: US$70 / Non-customer: US$100	—

3a. SBLC Issuance Commission

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	All currencies	1/8% per month or part thereof, min US$100	—
Singapore	All currencies	0.375% per quarter or part thereof, min US$100	—

3b. Performance / Bid Bond Guarantee — Issuance

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	All currencies	1/8% per month or part thereof, min US$100	—
Singapore	All currencies	0.25% per quarter or part thereof, min US$100	—

3c. Amendment of SBLC / Guarantee

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	All currencies	Similar to issuance charges	—
Singapore	All currencies	Similar to issuance charges, min US$100	—

4a. Credit Sanction — Processing Charges (New)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	All currencies	Min 0.2% of Sanction Amount per annum	—
Singapore	All currencies	US$2,000 per Mio, min US$2,000	—

4b. Credit Sanction — Processing Charges (Renewal)

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	All currencies	Min 0.1% of Sanction Amount per annum, Max US$10,000	—
Singapore	All currencies	US$1,000 per Mio, min US$1,000, max US$10,000	—

4c–e. Renewal cum Enhancement / Amendment / Ad-hoc Limits

Centre	Account Type / Currency	Charges (USD / Foreign Currency)	Charges (Local Currency)
Hong Kong	Amendment of Sanction Terms	US$150	—
	Ad-hoc Limits	1% of ad-hoc limits, min US$1,000, max US$2,000	—
Singapore	Renewal cum Enhancement	US$1,000 per Mio over renewal charges	—
	Amendment	US$500	—
	Ad-hoc Limits	1% of ad-hoc limits, min US$1,000, max US$2,000	—

Note: Credit processing and renewal charges are decided on a case-to-case basis. Other peer banks in Hong Kong do not have a specific card rate for these charges.

Forms & Documents

T.T. Application Form

Telegraphic Transfer application form for outward remittances

View Download

Account Opening Conditions

Declaration, DPS scheme, remittance disclaimer & account terms

View Download

Savings Account Opening Form

Individual account opening form with AEOI & FATCA self-certification

View Download

Standard Settlement Instructions (SSI)

Correspondent bank details for foreign exchange & commercial payments

View Download

Remittance Charges

Type of Remittance	Amount	Commission (USD)	Commission (HKD)
Demand Drafts	Up to 20,000	20	150
	20,001 to 50,000	50	400
	Above 50,000	70	500
Telegraphic Transfer (Outward)	HKD 240	Upto EUR 250k: EUR 30 Above EUR 250k: EUR 60 Upto GBP 250k: GBP 30 Above GBP 250k: GBP 60 Upto USD 250k: USD 30 Above USD 250k: USD 60
Telegraphic Transfer (Inward)	-	USD 20 Equiv.

Risk Disclaimer

Customers are advised that an exchange rate risk is involved in foreign currency fixed deposit schemes. Earnings on fixed deposits are dependent on exchange rates prevalent at the time of maturity. Adverse exchange rate movements could erode interest earnings completely.